Legal Opinion on 3rd 2008 EGM

Grandall Legal Group (Shenzhen) Co., Ltd. asserts that the convening and meeting procedures, the qualifications of participants and the convener, voting procedures and the resolutions of the 3rd 2008 Extraordinary General Meeting of Shareholders, held on 11 Sept 2008, are lawful and valid, and are in compliance with relevant regulations and the Articles of Association of the company.

Grandall Legal Group (Shenzhen) Co., Ltd.
Lawyer: Zhang Jingqian, Wu Shuang
11 Sept 2008


Source: Securities Times

Date: 12 Sept 2008

CN01/FL/SW/BT/KM